Kevin O'Leary says power is now more valuable than bitcoin

4 days ago7 min read

Kevin O’Leary, the Shark Tank investor who’s become a fixture in financial media, just lobbed a grenade into the crypto discourse, declaring that power—the literal electricity to run data centers and mines—has now eclipsed Bitcoin itself as the world’s most valuable asset. This isn't some offhand remark; it's a fundamental pivot in the narrative from digital scarcity to physical resource warfare.For years, Bitcoin maximalists like myself have preached the gospel of a decentralized, immutable ledger free from state control. O’Leary’s argument flips that on its head, asserting that the real kingmaker isn't the code, but who controls the energy grid feeding the machines that secure it.He’s pointing to a brutal reality check: the post-halving landscape, where mining rewards are slashed, has turned the industry into a brutal efficiency contest. The miners who survive won’t be the ones with the best software, but those with exclusive, cheap power contracts, often nestled next to stranded gas flares or subsidized nuclear plants.This shift signals a chilling convergence of crypto and traditional geopolitics. Nations with energy surpluses, think parts of the U.S. , Canada, or Kazakhstan, aren't just hosting miners; they're becoming the de facto central bankers of this decentralized network, wielding the power to literally switch it off.O’Leary’s provocation cuts to the core of Bitcoin’s original promise. If the network’s security becomes concentrated in the hands of a few energy barons or hostile governments, does its value proposition of censorship resistance crumble? The coming battle won’t be fought on blockchain explorers, but in legislative chambers and at the transformer substations that keep the hash rate humming. It’s a stark reminder that in the end, every digital empire is built on a foundation of very real, very physical watts.

#featured

#Kevin O'Leary

#bitcoin

#power

#energy

#institutional adoption

#price analysis

#macro trends